Goldcorp (G) Set to Announce Earnings on Wednesday

Goldcorp (TSE:G) (NYSE:GG) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of C$0.16 per share for the quarter.

Goldcorp (TSE G) opened at C$15.54 on Monday. Goldcorp has a 12 month low of C$15.00 and a 12 month high of C$23.35. The firm has a market cap of $13,480.00, a P/E ratio of 20.45 and a beta of -0.39.

A number of brokerages have recently weighed in on G. National Bank Financial raised their price objective on shares of Goldcorp from C$24.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 17th. BMO Capital Markets set a C$16.00 price objective on shares of Goldcorp and gave the stock a “market perform” rating in a research note on Wednesday, January 17th. Royal Bank of Canada raised shares of Goldcorp from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$15.00 to C$18.00 in a research note on Wednesday, November 1st. Scotiabank dropped their price objective on shares of Goldcorp to C$22.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Finally, Desjardins reissued a “hold” rating on shares of Goldcorp in a research note on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of C$21.26.

In other news, Director De La Vega Blanca Treviño bought 7,150 shares of the stock in a transaction on Friday, November 17th. The stock was purchased at an average cost of C$13.45 per share, with a total value of C$96,167.50.

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Goldcorp Company Profile

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Earnings History for Goldcorp (TSE:G)

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